KostenWertAnalysen

KostenWertAnalysen, often translated as Cost-Benefit Analysis (CBA) in English, is a systematic process used to evaluate the financial and non-financial advantages and disadvantages of a proposed project, decision, or investment. The core objective is to determine whether the expected benefits outweigh the anticipated costs. This method is widely employed in various fields, including business, public policy, and environmental management, to aid in making informed and rational choices.

The process typically involves identifying all potential costs, both direct and indirect, and quantifying them in monetary terms where possible. This can include initial investment, operational expenses, maintenance, and even intangible costs like environmental impact or reputational damage. Similarly, all expected benefits are identified and quantified. These can range from increased revenue, improved efficiency, and cost savings to social benefits, enhanced public safety, or environmental protection.

Once costs and benefits are identified and quantified, they are compared. Various techniques can be used, such as Net Present Value (NPV), Internal Rate of Return (IRR), or the Benefit-Cost Ratio (BCR), to assess the overall financial viability. The ultimate goal is to provide decision-makers with a clear understanding of the potential outcomes, enabling them to prioritize projects, allocate resources effectively, and justify their decisions based on a thorough evaluation of economic and social implications.